Category: Supply Chain
-
Global wholesale and automotive aftermarket set to grow at a compound annual growth rate of 7.2%
The global wholesale and distribution automotive aftermarket market is expected to grow from $195.95 billion in 2021 to $217.93 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The wholesale and distribution automotive market is expected to reach $288.10 billion in 2026 at a CAGR of 7.2%. The main replacement parts in…
-
Africa is the next frontier for Isuzu SA — CEO Billy Tom
The local subsidiary is ramping up exports and is establishing a semi-knock-down assembly plant in Ghana The recovery of the local automotive industry is seen through 29,545 units sold in June 2022, representing a 20.6% increase compared with the same month in 2021. The numbers don’t tell the full story though as the recent KZN…
-
Here’s Where the Inventory Shortages Are, and Where Retailers Are Overstocked
There are now stories out there about retailers suddenly being “overstocked,” and the shortages having turned into gluts, and suddenly folks are already seeing that the supply chains got fixed miraculously or whatever. But overall inventories at retailers remain very low, and at the biggest category of retailers – auto dealers – inventories are desperately…